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OPERATING SEGMENTS (Tables)
 12 Months Ended
Dec. 31, 2025
Segment Reporting [Abstract]  
Percentage of total net operating revenues attributable to concentrate operations and finished product operations
The following table sets forth the percentage of total net operating revenues attributable to concentrate operations and finished product operations:
Year Ended December 31,202520242023
Concentrate operations59%59%58%
Finished product operations41 41 42 
Total100%100%100%
Schedule of net revenue and property plant and equipment by geography
The following table provides information related to our net operating revenues (in millions):
Year Ended December 31,202520242023
United States$19,127 $18,362 $16,550 
International28,814 28,699 29,204 
Net operating revenues$47,941 $47,061 $45,754 
For the year ended December 31, 2025, one bottler accounted for 10% of our net operating revenues, which are reflected in our EMEA and Asia Pacific operating segments. No bottlers or customers represented 10% or more of our net operating revenues for the years ended December 31, 2024 and 2023.
The following table provides information related to our property, plant and equipment — net (in millions):
December 31,20252024
United States$4,825 $4,364 
International4,788 5,939 
Property, plant and equipment — net1
$9,613 $10,303 
1Property, plant and equipment — net in India represented 17% and 13% of consolidated property, plant and equipment — net as of December 31, 2025 and 2024, respectively.
Schedule of Segment Reporting Information, by Segment
Information about our Company’s operations by operating segment and Corporate is as follows (in millions):
EMEALatin
America		North
America		Asia PacificBottling
Investments		Operating Segments TotalCorporateEliminationsConsolidated
Year Ended December 31, 2025
        
Net operating revenues:        
Third party$10,833 $6,331 $19,579 $5,328 $5,726 $47,797 $144 $— $47,941 
Intersegment680 3 7 310 9 1,009 — (1,009)— 
Total net operating revenues11,513 6,334 19,586 5,638 5,735 48,806 144 (1,009)47,941 
Cost of goods sold3,294 1,109 9,438 1,788 3,948 19,577 (171)(1,009)18,397 
Selling, general and administrative expenses3,921 1,439 4,118 1,767 1,361 12,606 1,915 — 14,521 
Other operating charges— 44 960 41 — 1,045 216 — 1,261 
Operating income (loss)$4,298 $3,742 $5,070 $2,042 $426 $15,578 $(1,816)$— $13,762 
Interest income786 
Interest expense1,654 
Equity income (loss) — net2,031 
Other income (loss) — net1,073 
Income before income taxes$15,998 
Other segment information:
Capital expenditures$237 $2 $669 $72 $547 $1,527 $585 $— $2,112 
Depreciation and amortization173 32 326 47 313 891 159 — 1,050 
Year Ended December 31, 2024
        
Net operating revenues:        
Third party$10,278 $6,471 $18,860 $5,127 $6,215 $46,951 $110 $— $47,061 
Intersegment680 — 9 467 8 1,164 — (1,164)— 
Total net operating revenues10,958 6,471 18,869 5,594 6,223 48,115 110 (1,164)47,061 
Cost of goods sold3,083 1,099 9,595 1,689 4,251 19,717 (229)(1,164)18,324 
Selling, general and administrative expenses3,620 1,454 3,958 1,749 1,476 12,257 2,325 — 14,582 
Other operating charges— 126 760 — — 886 3,277 — 4,163 
Operating income (loss)$4,255 $3,792 $4,556 $2,156 $496 $15,255 $(5,263)$— $9,992 
Interest income988 
Interest expense1,656 
Equity income (loss) — net1,770 
Other income (loss) — net1,992 
Income before income taxes$13,086 
Other segment information:
Capital expenditures$222 $1 $602 $18 $734 $1,577 $487 $— $2,064 
Depreciation and amortization181 29 325 45 319 899 176 — 1,075 
EMEALatin
America		North
America		Asia PacificBottling
Investments		Operating Segments TotalCorporateEliminationsConsolidated
Year Ended December 31, 2023  
Net operating revenues:  
Third party$10,152 $5,834 $16,965 $4,811 $7,852 $45,614 $140 $— $45,754 
Intersegment686 — 8 731 8 1,433 — (1,433)— 
Total net operating revenues10,838 5,834 16,973 5,542 7,860 47,047 140 (1,433)45,754 
Cost of goods sold2,970 1,040 8,791 1,644 5,615 20,060 (107)(1,433)18,520 
Selling, general and administrative expenses3,545 1,358 3,522 1,806 1,667 11,898 2,074 — 13,972 
Other operating charges— — 26 35 — 61 1,890 — 1,951 
Operating income (loss)$4,323 $3,436 $4,634 $2,057 $578 $15,028 $(3,717)$— $11,311 
Interest income907 
Interest expense1,527 
Equity income (loss) — net1,691 
Other income (loss) — net570 
Income before income taxes$12,952 
Other segment information:
Capital expenditures$235 $1 $412 $23 $843 $1,514 $338 $— $1,852 
Depreciation and amortization187 48 310 50 389 984 144 — 1,128